Create your own company describing the nature of the company and what it provides (should be providing services and assume it is a sole proprietorship) .

Show in details the Accounting cycle (journalizing in general journal, posting in general ledger and preparing financial statements ) taking into consideration the following :

1-)Transaction to start with not less than 25 transactions ( including at least one unearned and one prepaid transactions )

2-) Use the coding for the accounts used

3-) During the adjusting period please make sure you have covered all six categories discussed in class

4-) Make sure to show the method used to calculate the depreciation highlighting over the reason on choosing this specific method

5-) Complete the accounting cycle till closing stage and present all financial statements and reports needed .